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Texada Announces Dealership Agreement With LiuGong Construction Machinery

May 16, 2012 - National Edition
Construction Equipment Guide

Texada Software Inc., has announced the signing of a dealership agreement with LiuGong Construction Machinery through its wholly owned subsidiary, Noble Equipment, Inc.

The agreement provides Texada with exclusive distribution rights for LiuGong products including wheel loaders, excavators, motor graders, compaction equipment and bulldozers in the Houston, Texas market. In addition, Noble Equipment will have exclusive territory rights to service LiuGong products and to provide LiuGong attachments and parts.

In conjunction with the agreement, over the next 12 months the Texada will purchase a minimum of 20 LiuGong units that will be added to Noble’s rental fleet and floor plan equipment available for sale. The counties covered by the agreement’s territory rights include Austin, Brazoria, Chambers, Fort Bend, Galveston, Grimes, Hardin, Harris, Jasper, Jefferson, Liberty, Tyler, Montgomery, Newton, Orange, Polk, San Jacinto, Waller, Walker and Washington.

"Texada’s management team continues to execute on our vision of expansion into multiple sectors of the construction and industrial equipment industry," said Willie Swisher, CEO of Texada. He continued, "This new exclusive agreement with a top-20 global manufacturer such as LiuGong is very exciting for the Company and will allow us to accelerate and deploy our business model in one of the strongest markets in the U.S. We anticipate launching the business this Summer."

Nabil Kassam, Executive Chairman of Texada, added, "Our view is that in the near future, the equipment industry will experience a convergence of rental and sales channels, fueled by integrated technologies that drive efficiencies and smarter decision making for manufacturers, equipment providers and end-customers. Texada’s partnership with LiuGong represents a defining moment, not only for our two companies, but for the industry."


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